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Volta Trucks announces €230 million in Series C funding to support start of production for 16-ton Volta Zero truck

Volta Trucks Funding

As Volta Trucks works toward start of production for its all-electric Zero truck later this year, it has gained the funding to get it over the finish line. The zero-emission truck manufacturer announced it has garnered an additional €230 million (~$260.6 million) in Series C funding. Furthermore, Volta Trucks’ 5,000+ soft pre-orders offer a potential revenue value of over €1.2 billion (~$1.4 billion).

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Lion Electric launches LionCapital Solutions bank to help bus and truck fleets maintain financial structures in electric transition

Lion Electric Capital

The Lion Electric Company has launched a new division called LionCapital Solutions. The new division will provide Lion Electric customers with flexible financing as they look to electrify their fleets of medium- to heavy-duty commercial vehicles such as school buses and trucks.

Electrification of school busses and fleets requires a huge upfront cost but lower total cost of ownership over the life of the vehicle. By helping spread out the purchase price of fleets over their lifetimes, Lion is allowing operators to keep in place their current financial structures.

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Lightning eMotors enters into agreement with GM to electrify Class 3 to 6 commercial vehicle platforms

Lightning GM

Lightning eMotors, a specialist in purpose-built commercial EVs and electric conversions, has announced a new agreement with General Motors (GM). Under the terms of the new agreement, Lightning eMotors becomes the first GM Specialty Vehicle Manufacturer (SVM) to develop 100% electric Class 3 through 6 commercial vehicles.

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Proterra announces long-term supply agreement to provide battery tech to Nikola Tre trucks

Proterra Nikola

EV technology company Proterra continues to expand its rolodex of commercial EV customers, as Nikola Corporation has recently joined the fold. As part of a new multi-year supply agreement, Proterra will provide its proprietary battery technology to power Nikola’s Tre BEVs and FCEVs.

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Proterra to provide battery systems to at least 600 Vicinity Motor Corp. commercial EVs by 2024, including transit buses

Proterra battery

EV technology company Proterra has announced a large, multi-year agreement with commercial EV manufacturer Vicinity Motor to provide battery systems to hundreds of future commercial vehicles. As part of the supply agreement, a minimum of 600 Vicinity Motor EVs will be powered by Proterra battery systems through 2024, including transit buses and Class 3 to 5 commercial trucks.

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670 hp Kenworth T680E electric semi debuts at CES with 150 mi. range

electric kenworth semi

Kenworth’s latest, production-ready T680E electric semi truck made its debut earlier this week at the PACCAR CES display in Las Vegas. Make no mistake, this K Whopper is ready to work with 670 hp and an absolutely massive battery to give it 150 mi. of range – but that’s just the headline, and it gets more impressive from there. Read on!

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REE Automotive introduces P7 fleet platform for mystery delivery company targeting 370-mile range

REE delivery platform

At CES 2022, REE Automotive announced the start of trials of its all-new EV platform specifically designed for commercial delivery vehicles and walk-in vans called the P7. According to REE, this new entirely flat platform was designed based on specifications from one of the world’s largest delivery companies.

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Lightning eMotors unveils its new Lightning eChassis for purpose-built commercial EVs

Lightning eMotors EV

Fleet EV developer Lightning eMotors has unveiled a new rolling chassis, purpose-built for Class 4 and 5 commercial EVs. The proprietary Lightning eChassis can support 1,500 lbs greater Gross Vehicle Weight Rating (GVWR) on average compared to other commercial vehicles in the same class. With the debut of its new eChassis, Lightning eMotors has claimed the title of the first commercial EV manufacturer to offer both purpose-built trucks and electrified conversions of legacy OEM platforms.

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REE Automotive teams with Hitachi to bring scalable service platform to commercial EVs

REE Hitachi

EV startup REE Automotive announced a strategic agreement with Hitachi America Ltd. to help accelerate commercial fleet EV adoption. Together, the companies plan to co-create a scalable platform that can offer both Data-as-a-Service (DaaS) and Analytics-as-a-Service (AaaS) to support a new generation of connected commercial EVs.

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AMPLY Power is reusing shipping containers as semi-permanent chargers for commercial EVs

Shipping containers chargers

As thousands of shipping containers sit offshore in the US, a provider of chargers is bringing them a second life by supporting commercial EVs. AMPLY Power has introduced INRUSH, a containerized EV charging infrastructure system that can be set up in about half the time as traditional methods. With the Anaheim Transportation Network (ATN) on board as the first customer, AMPLY’s chargers will soon be supporting buses around Disneyland.

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Xos’ modular Lyra battery series can give commercial EVs up to 500 miles of range

Commercial EV battery

Commercial EV manufacturer Xos, Inc just announced its second series of proprietary battery systems. The Lyra Series will be integrated into commercial vehicles on Xos’ proprietary X-Platform chassis and will debut in two sizes that can be mixed and matched to suit the range needs of commercial fleet customers.

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Geely’s Farizon Auto unveils ‘Homtruck’ electric semi for global market in 2024

electric semi

Farizon Auto, the commercial vehicle branch of Geely, launched a new electric semi-truck concept called the Homtruck. While the unveiled vehicle remains a concept, Geely has already shared intentions to enter production and begin deliveries in 2024. Furthermore, the Chinese automaker is planning to roll out the Homtruck semi in international markets too, including North America.

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Autonomous freight company Einride launches in US with new products and customers

Einride US

Swedish commercial freight tech company Einride has officially launched its operations in the United States, complete with a new operating system and US versions of its Pod truck. In addition to launching new transport solutions stateside, Einride has announced US customers onboard, including its tire partner Bridgestone.

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ELMS announces collaboration with Ample to bring battery swaps to its commercial EVs

commercial battery swap

Commercial EV manufacturer Electric Last Mile Solutions (ELMS) has announced plans to offer a bundled commercial EV option that features Ample’s modular battery swap capabilities on ELMS’ commercial EVs. With different service options planned, customers will soon be able to choose the best option to support their fleet efficiency.

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Electrify America to implement 34 DC fast chargers in SoCal for heavy-duty trucks

Electrify America fast charger

EV charging network Electrify America has announced a project with NFI Industries to support the latter’s fleet of 60 electric heavy-duty trucks with a charging infrastructure of 34 DC fast chargers. The project is scheduled to be completed in December of 2023 and is being described by the companies as the single largest charging infrastructure project in the US to support heavy-duty EVs.

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VW subsidiary MAN announces transition from diesel to all-electric trucks and buses starting in 2024

MAN electric trucks

MAN Truck and Bus, a commercial subsidiary of Volkswagen Group, has announced it will wean its fleet’s dependency on diesel fuel in favor of all-electric powertrains, beginning in 2024. MAN currently offers a few electrified versions of trucks, vans, and buses, but it will focus further on electric commercial vehicles under the pressure of VW. Can it do so quickly enough?

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Karma expands to commercial electrification with ‘Powered by Karma’ B2B strategy

Powered by Karma

EV manufacturer Karma Automotive announced a new Business to Business (B2B) electrification program called “Powered by Karma” to help commercial operators electrify their fleets more quickly. The additional brand designation was announced during the 2021 ACT Expo in Southern California, where the automaker is showcasing two modular electrification projects.

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Green Mountain Power aims to make its trucks as green as its grid with Lion Electric

Lion Electric Trucks

Commercial EV manufacturer Lion Electric has announced that Vermont energy provider Green Mountain Power will purchase two of its all-electric heavy duty trucks. The purchase includes a Lion8 bucket truck for line crews and a Lion6 truck for electrical maintenance crews in the field.

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XL Fleet partners with eNow to power electric refrigerated trailers

XL Fleet trailers

XL Fleet has announced a partnership and investment in eNow, a solar and battery power system provider, to power electrified refrigerated commercial trailers. Under the terms of the agreement, XL Fleet will supply battery and power electronics systems for the first 1,000 units of eNow’s electric Transport Refrigeration Units (eTRUs), designed for Class 8 commercial trailers.

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Phoenix Motorcars begins production of EVs using third-generation drivetrain

Phoenix Motorcars drivetrain

Medium-duty electric vehicle developer Phoenix Motorcars has unveiled its third-generation electric drivetrain and has begun series production of commercial vehicles that utilize it. The first three vehicles were recently completed at the company’s Ontario, California, facility and will soon be delivered to fleet customers.

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Volta Trucks accelerates expansion with 3 new vehicles, plans for North America

Volta Trucks Expansion

Commercial EV manufacturer Volta Trucks has just laid out an ambitious road map through 2025, planning an expansion of its vehicle portfolio, sales, markets, and manufacturing facilities. In what the manufacturer is calling its “Road-to-Zero Emissions” strategy, Volta Trucks is focused on decarbonizing the logistic industry beginning with Europe, with expansions now planned for North America and Asia.

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